Jeff Saut notes that “the Dow Jones Wilshire 5000 Index broke out of a spread triple-top in the point and figure charts last week as can be seen by going to stockcharts.com and keying in $WLSH. Since the Wilshire 5000 ($WLSH/15304.99) is the broadest-based index we know this is not an unimportant event….while we don’t understand it, in this business what you see is what you get”…Also, the REIT Index (DJR/304.21) has broken below its rising trendline and accelerated on the downside.

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